KaTesha O.

Experience

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  Stewart Title

  Jun 2015 - Apr 2017

  Specialist

  Perform quality control and assurance for mortgage loans to determine compliance, completeness and accuracy. Documenting whether accurate information was provided at the time of closing. Reviewing documents (HUD, AUS, 1099s, Social Security Letters, Tax Returns and Gift Letters). Re-verifying different mortgage documents and reviewing loans to make sure accuracy. Contact banking institutions and other third parties for verification of deposits and employment. Reviewing 1003s and Automatic Underwriting documents to determine the qualifications during closing for reverification. Flagging documents qualifying documents that were used for closing. Review of daily reports to ensure deadlines are met. Show less

• 

  Shellpoint Mortgage Servicing

  Aug 2017 - Dec 2021

  Loan Processor. Analyzes financial statements, tax returns, credit reports, and the value of the collateral in order to determine and recommend the most feasible and appropriate workout to the customer. Accurately underwrites the borrower’s income, through the review of paystubs, tax documents, benefit statements, business profit and loss statements, etc. Receive and review loan information. Review and analyzes loan files submitted for borrowers to ensure file meets loan program and investor requirements. Including individual analysis of LTV and HDTI. Contact borrowers in order to cure delinquency, set up setup payment arrangements MODs, DIL, Short Sale, Deferments, and Repayment Plans. Identify and recommend optimal workout strategies based on individual borrower circumstances. Identify and recommend legal strategies as necessary. Increase frequency of borrower contact based on days since last payment. Review accounts in Bankruptcy status; contact the Trustee or the Debtor’s Attorney as appropriate if payments are not made in accordance with the plan. Initial collections on new portfolios, establishing contact with delinquent 60 + borrowers, communicating and negotiating with borrowers, investors, and real estate agents, via verbal and written means, in an attempt to resolve at-risk mortgages. Handles multiple mortgage products that are 60 + days delinquent, as governed by investor, department and legal guidelines. Show less Loan Processor. Analyzes financial statements, tax returns, credit reports, and the value of the collateral in order to determine and recommend the most feasible and appropriate workout to the customer. Accurately underwrites the borrower’s income, through the review of paystubs, tax documents, benefit statements, business profit and loss statements, etc. Receive and review loan information. Review and analyzes loan files submitted for borrowers to ensure file meets loan program and investor requirements. Including individual analysis of LTV and HDTI. Contact borrowers in order to cure delinquency, set up setup payment arrangements MODs and/or settle accounts. Identify and recommend optimal workout strategies based on individual borrower circumstances. Identify and recommend legal strategies as necessary. Increase frequency of borrower contact based on days since last payment. Review accounts in Bankruptcy status; contact the Trustee or the Debtor’s Attorney as appropriate if payments are not made in accordance with the plan. Initial collections on new portfolios, establishing contact with delinquent 60 + borrowers, communicating and negotiating with borrowers, investors, and real estate agents, via verbal and written means, in an attempt to resolve at-risk mortgages. Handles multiple mortgage products that are 60 + days delinquent, as governed by investor, department and legal guidelines. Back up for assisting 1st Liens and Customer Service department. Ensures compliance with company policies and procedures. Performs other duties as assigned. Show less

  • 1st Lien Loss MItigation Specialist II

    Jun 2019 - Dec 2021

  • 2nd Lien Loss Mitigation Specialist

    Aug 2017 - Jun 2019